Ebury had a great year. The UK-based fintech company offers a unique combination of lending, currency and payment solutions to small and medium-sized businesses, through an online platform. In fiscal year 2016, it increased its customer base by 50% and its lending volume by 2.5x year-over-year. A key to Ebury’s success is the outstanding customer experience and simple customer acquisition process that fuels their growth. To drive their digital account opening transformation, Ebury depended on Temenos Infinity to get to market quickly.
Using Temenos Infinity, Ebury launched a new digital account opening system for mobile and desktop customers in just 2 months. Included in the Temenos the solution was the ability to push new customer information directly into Salesforce, which Ebury used for account management. In addition, it enabled the Ebury sales team to track the status of new customer acquisitions in progress.
Ebury is growing fast and needed a digital account opening solution that scaled to the subtle differences across the multiple countries and currencies in which it conducts business. This included the ability to translate the client-facing onboarding forms, as well as adapt them, for local jurisdictions and compliance requirements. Temenos had already established Salesforce as its system of record for tracking prospects, closing business and communicating with customers. Ebury needed a way to extend their internal Salesforce process to a frictionless, mobile-friendly, customer-facing experience. Using the Temenos Infinity platform, Ebury built a highly-tailored onboarding process in just a few weeks.
The Temenos solution included, mobile, tablet, and desktop access, using its “Design Once, Use Anywhere” design tool, prebuilt integration to Salesforce through the Salesforce AppExchange. It also allowed to Save and Resume of partially completed applications, allowing customers to begin their application and complete later on a different device. Tracking of partial applications in Salesforce was also available, allowing the Ebury sales team to identify prospects with partial applications and reach out to provide assistance, pushing of pre-filled applications using customer data already in Salesforce, out to prospective customers. It also included adaptive account opening form, responding to the different needs of individual and corporate customers, multiple business partners and, residency of enrolling customers.
User Experience & Time to Market
Ebury found a solution within Temenos Infinity that fit perfectly with its vision of an agile, digital and mobile-friendly way of conducting business. Their first priority was delivering an outstanding and memorable user experience for prospects and servicing customers. Temenos’s design experience with hundreds of financial institutions worldwide helped create the frictionless account opening. Equally important was moving quickly to capture the market opportunity. Using a pre-built platform, with Salesforce integration packaged, was a big advantage. Since the solution already met the strict security and compliance requirements for cloud hosted, customer facing financial applications, Ebury launched in a fraction of the time of building from scratch. Temenos Infinity also provided Ebury the agility to create new forms and edit existing ones quickly. This enables them to promptly adapt to future customer requirements and regulatory changes.
As a certified member of the Salesforce AppExchange, Temenos has delivered a pre-built connection from Temenos Infinity to Salesforce. Temenos is unique in delivering a customer facing forms solution, ready for online and mobile, that ties directly into existing Salesforce processes already in use by sales reps, onboarding specialists, and customer service staff.
Salesforce World Tour London 2016
At the Salesforce World Tour event in May 2016, Ebury CTO, Dr. Toby Young, presented his keys to success with Salesforce and the AppExchange solutions. He presented three partners critical to his success, including Temenos Infinity as the choice for frictionless account opening, onboarding and customer service forms.
“Superior customer experience is key for Ebury,” says Dr. Toby Young, CTO, Ebury. Ebury is using Temenos Infinity and Salesforce to deploy customer account opening for international companies that require tailored currency services or business funding.
“Giving our Salesforce-based sales and operations teams complete visibility of the transactions executed through the Infinity system, within the context of an individual customer, is part of being able to delight our customers.”Dr. Toby Young, CTO